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ATX Technical Chart: Turn Indicators |  boerse-social.com

ATX Technical Chart: Turn Indicators | boerse-social.com

September 9, 2023, 701 characters

ATX Chart Technology Forecast from Erste Group’s Equity Weekly: “After a strong start to the week and surpassing the last 50-day moving average and the 3,200 point line, ATX is bouncing back and losing 0.5% on a weekly basis.

Most short-term technical indicators have turned or are in the process of turning, and the same applies to the parabolic system, which sees that an uptrend that lasted just over a week has come to an end once again.

In the medium to long term, ATX is still moving sideways. We expect the main Austrian index next week to remain in a range between 3,050 and 3,200 points.”

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Stocks on the radar:semperite, The first group, Warempex, Austriacard Holdings AG, Marinomed Biotechnology, Vienna Airport, rosegx, Lenzing, Weinerberger, Polytec Group, voestalpine, Mobility Pierre, Bor, Wolftank Adisa, BKS Bank Fund, Palfinger, Amaj, California real estate, AVN, Mortgage, Mayer Mellenhof, Austrian Post, Re Magnecita, Rosenbauer, Strabag, Telekom Austria, Uniqa, Fig, Continental, Deutsche Telekom, Borussia Dortmund.


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